904 N Western Avenue Los Angeles, CA $ 1,975,000
904 N Western Avenue
$ 1,975,000
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904 N Western Avenue

Los Angeles, CA, 90029
$ 1,975,000
Bedrooms-- Baths1.0 Sq 8,576

Monthly Estimate*

$ 13,641

Listed by Walter Castillo, Coldwell Banker Realty, walter@waltercastillo.com
904 N Western Avenue, Los Angeles, CA 90029 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,975,000 with 1 full bath. This 8,576 square foot home was built in 1930 on a lot size of 0.1755.

SPECTACULAR NEW PRICE REDUCTION PRIME MELROSE HILL MIXED-USE INVESTMENT OPPORTUNITY! Newly Priced to Sell! An exceptional opportunity for savvy investors to acquire a mixed-use income-producing property in the highly desirable Melrose Hill neighborhood of East Hollywood! This property offers an attractive combination of commercial and residential income, featuring three street-facing retail spaces with excellent visibility along busy Western Avenue, plus 10 studio units located at the rear with convenient private alley access. Investors will appreciate the diversified income potential, established neighborhood, and exciting possibilities for future growth and appreciation. Ideally situated near popular dining, shopping, thriving businesses, residential communities, and public transportation, this property is positioned in one of Los Angeles' evolving urban markets. With a spectacular new lower asking price, this is an opportunity worth a closer look! Whether you're expanding your investment portfolio or seeking a well-located mixed-use asset with long-term upside potential, this property deserves your attention. Bring your vision, explore the possibilities, and take advantage of the seller's new pricing!

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Multi-Family Active

Price

$ 1,975,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1755

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26985251

Days on Market

47

Features
General
Living Area 8576
Sewer Other
Heating Wall Furnace
Cooling None
Zoning LAC4
Security Features Gated Community
Year Built 1930
Tenant Pays Electricity
Stories Count 2
Levels Two
Gross Income 165688
Community Features Gated
County Los Angeles
Net Operating Income 101563.32
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction West
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional
Directions North of Beverly South of Melrose @ Lemon Grove and Western
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 13
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7644
Listing Terms Cash Conventional
Property Condition Fixer
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Cap Rate 5.14
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Interior
Fireplace Features None
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features None
Total Bedrooms 0
Total Baths 13
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Exterior
Parking Features Garage Gated Tandem Uncovered
Water Source Public
Total Parking 10
Lot Size Area 7644
Number of Buildings 2
Building Area Total 8576
Lot Dimensions 56x136
Lot Size Acres 0.1755
Lot Size Source Assessor
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* Excluded Features
List By
Walter Castillo

Listing Agent

Coldwell Banker Realty

Broker

walter@waltercastillo.com

Email

Affordability Calculator

$13,641
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Monthly Principal & Interest
$13,641
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,975,000 -15.16% Price Down
9/8/2026$2,328,000 Listed Price

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904 N Western Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $1,975,000 with 8,576 sqft and a lot size of 0.1755. 904 N Western Avenue has 1.0 baths and was built in 1930. The property's zip code is 90029 which is in Los Angeles, CA